Crown Bioscience spinoff Apollomics has closed a round led by Ping An Capital that will support clinical testing of its immuno-oncology drug pipeline.
Month: November 2020
Inceptio inserts CATL into $120m round
Founding investors G7, GLP and Nio Capital returned to reinvest in the autonomous trucking system developer, in a round led by battery maker CATL.
Congenica conjures up $50m
Tencent and Legal & General co-led a series C round for genomic testing software provider Congenica that will fund the expansion of its partnership activities.
Aioi Nissay Dowa sparks Mind Foundry funding
Aioi Nissay Dowa Insurance led a $13.6m series A round through a strategic partnership focusing on Mind Foundry’s machine learning software.
ShopKeep reaches Lightspeed in $440m deal
First Data and Salesforce Ventures are set to exit the digital commerce technology provider after it agreed to be purchased for $440m in cash and stock.
Sofie Biosciences gets Jubilant series C investment
Diagnostics technology provider Sofie has completed a $27.4m series C round led by $25m from Jubilant Radiopharma at a $100m valuation.
Koa Health comes out of Telefónica
Mental health support service Koa Health has spun off and reached the $16.5m first close for a series A round co-led by Ancora Finance Group and Wellington Partners.
Onfleet onboards $14m series A
Dunnhumby Ventures-backed Onfleet has now raised $20m to date, after securing series A funding to grow its last-mile delivery business.
Analysis: Ant in the balance
China-based financial services provider Ant Group, spun off by e-commerce group Alibaba, intended to float on the Shanghai and Hong Kong stock markets.
Analysis: Ant’s double IPO halted and is likely to be delayed for month
Ant Group, the financial services subsidiary of China-based e-commerce group Alibaba, was due to raise a targeted $37bn in a dual listing in Shanghai and Hong Kong but the mega-initial public offering was unexpectedly blocked by an intervention from financial regulators in Beijing at the eleventh hour.
Intel sees Reflektion to new funding
Intel Capital was among the investors in a $13.5m round that took the e-commerce personalisation tool provider’s overall funding to more than $34m.
Feinman to join Tampa General Hospital
Tampa General Hospital will begin a diversified corporate venturing programme when Rachel Feinman joins it in early 2021.
Corporate venturing deal net: 2-6 November 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Kuaishou broadcasts IPO filing
The Baidu and Tencent-backed video streaming platform developer has filed for a Hong Kong offering that could potentially value it at $50bn.